Business & Commerce


UK pound holds firm against rupee in today’s trade

KARACHI: The British pound remained expensive against the Pakistani rupee on Wednesday, May 20, 2026,…

PSX jumps 1,900 points as buying returns after sharp sell-off

KARACHI: The Pakistan Stock Exchange bounced back on March 31, with renewed buying lifting the…

NextEra’s Pursuit of Dominion Energy Faces Hurdles Over Data Center Power Demands

NextEra Energy’s long-standing interest in acquiring Dominion Energy has hit a wall of complexity, driven…

Electricity prices may drop by Rs1.93 per unit as tariff relief offsets fuel cost pressure

ISLAMABAD: Electricity consumers in Pakistan may see a modest reduction in their upcoming bills after…

Hamed Yaqoob Sheikh Gets Additional Charge of Water Resources Division

ISLAMABAD: The federal government has handed Petroleum Division Secretary Hamed Yaqoob Sheikh the additional charge…

Sindh to Add 500 EV Buses as Public Transport Expansion Picks Up Pace

KARACHI: The Sindh government has approved the procurement of 500 new electric buses, a move…

IMF pushes provinces for over Rs400 billion extra in FY27 budget

Islamabad: Pakistan’s provinces are being asked to raise more than Rs400 billion in additional taxes…

CCP approves CDC investment in Naymat Collateral Management Company

Pakistan’s competition regulator has approved the proposed investment by the Central Depository Company of Pakistan…